French ministers reveal personal wealth

For the first time, 37 French ministers and Prime Minister Jean-Marc Ayrault disclosed their personal wealth on April 15, in a move President Francois Hollande hopes will restore confidence in his scandal-hit Socialist government. With the economy stagnant, unemployment on the rise and the government slashing spending, senior officials admit the move is risky and could create resentment by unmasking several millionaire ministers. The move has sparked widespread debate in France, where personal finances are rarely discussed and — unlike in the United States where politicians often publish their tax returns — the wealth of public officials has long been considered private.


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